In Virginia divorces, spousal support is often a contested issue. For people who have substantial assets, it is a primary concern for both sides – the person who will be paying and the one receiving the support. Simply because they were fortunate enough to have...
High-Asset Divorce
The role of marital and separate property in your divorce
If you are facing a high asset divorce in Virginia, you are probably laser-focused on one particular legal issue: property and debt division. The amount and complexity of assets in these types of divorce cases can bog down efforts to reach a resolution in the case,...
The equitable distribution of assets in your divorce case
Many divorce cases in Virginia must progress on a step-by-step basis, addressing individual legal issues one at a time. Alimony, child support, child custody and property and debt division are issues that can each bring their own challenges to a case. And, the level...
When crypto-millionaires divorce
Cryptocurrencies, such as Bitcoin, Ethereum and Dogecoin, are digital assets that exist only online and are traded via an encrypted ledger. They have become increasingly popular and valuable in recent years, creating a new class of crypto-millionaires who own large...
Is spousal support available in Virginia?
For those facing a high-asset divorce, usually, a primary concern is spousal support (i.e., spousal maintenance or alimony). Spousal support is recognized and available in Virginia, but it must be found appropriate by a family court judge. How spousal support works...
How does higher income brackets affect spousal support?
This is the second post on the changing nature of divorce as incomes and assets increase. In Virginia, high-asset divorces involve many complicated issues, like spousal support. Spousal support Spousal support, also known as alimony or maintenance, is a payment that...
Can my husband request alimony from me?
If you are a woman who earns more than your husband, you may wonder if he can request alimony from you. Alimony, also known as spousal support, is a payment that one spouse makes to the other to help them maintain a reasonable standard of living after a divorce. The...
Does my life insurance policy still go to my ex-spouse?
If you are going through a divorce in Alexandria, Virginia, you may have questions about how your life insurance policy is affected by the process. Depending on your situation, you may want to keep your ex-spouse as a beneficiary of your policy, or you may want to...
Considerations for a high-asset divorce
Divorce can be difficult, no matter what the circumstances are. Leaving aside the emotional aspects, a divorce can be technically more complex when the parties have substantial financial resources and assets. High-asset divorce overview In a high-asset divorce, it can...
Look for these overlooked divorce assets
Couples undergoing divorce address assets such as their home, vehicles, bank accounts, business interests and retirement funds. But there are often overlooked but substantial hidden assets that may be important in a high-asset divorce. Keeping track of these and other...